Recently I'm done with my CIN configuration training and I'm not getting any errors during practice too ( as am using my configuration notes). But my point of worry is still I'm not confident regarding the subject which i've configured. So I just want to put up a brief overview of what I've learnt in the last few days.
I feel, you, as mentors suggest any important points where I actually need to think of, and really matters, and areas where I need to concentrate more (when it comes to Interviews as well as learning subject) and the main points which actually i'm missing during my learning.
1. We use JINFAC/JINEXP /JINDEP/JINSTK pricing procedures instead of regular pricing procedure for Indian markets where excise is calculated
2. The condition types JLST/JCST/ is used to calculate the taxes instead of regular mwst condition types. (with the same account key MWS for taxes)
and rest of the cond types like PR00, discounts etc are maintianed in the CIN PP's as well.
3. We define tax codes to differentiate the nature of tax.. Whether the tax is liable on Incoming goods or outgoing goods of the plant.
4. We have to maintain the Copy controls between the sales doc/delivery doc & Proforma Invoices as well as excise invoices.
5. Excise invoice will have only excise value of the order the company has to pay for the excise authorities
6. CENVAT accounts will get updates once we raise Excise invoices, this happens with respect to the series group and their registers we maintain
7. The calculation of TAX based on the Material id, Plant zone/state and the tax code.
and I am aware of the TCodes which are frequently used in CIN.
Apart from these points, Pls mention any determinations, important points which are useful in understanding the CIN procedure.
and also Pls correct my points where my understanding went wrong.
Regards
Krishna..
